Calculate your Monthly Mortgage with our Real Time Home Loans Calculator
Work out how much you can spend on your monthly loan payments with our virtual calculator. You can introduce a different home price, down payment, loan term, and interest rate to see how your monthly payment changes. Our monthly payments are broken down by principal and interest, and does not include other housing costs such as property taxes, homeowners insurance or HOAs dues.
Loan Amount 
Loan Annual
Interest Rate
Term of Loan in
Years
Additional Amount
By consolidating your debts into a new mortgage, you can use the minimum monthly payments you were making towards your existing debts to pay o! everything faster. This approach helps you save a significant amount of interest in the long run.
Break-down of Monthly Payment
Monthly Payment
Monthly Payment & Extra Payment
| Total Payment | Number of Payments | Payoff | Total Interest | Interest Saving |
|---|---|---|---|---|
Ready to get started?
How a Mortgage Calculator can help
Buying a home is the largest purchase you will probably make during your life. It helps to work out beforehand to work out how you are going to finance the cost. It is best to set up a budget – and stick to it before organizing visits to different houses.
A mortgage payment includes four components known as PITI (pronounced “pity”): principal, interest, taxes, and insurance. Many homebuyers know about these costs but are not prepared for are the extra costs of homeownership. These include homeowners association (HOA) fees, private mortgage insurance, routine maintenance, larger utility bills, and major repairs.
The Linour Lending Loan Calculator can help you factor in PITI and HOA fees, but not other expenses. We recommend always leave a cautious difference between your monthly payments and your average income.
Your specific interest rate will depend on your overall credit profile and debt-to-income ratio, or DTI, which is the sum of all of your debts and new mortgage payments divided by your gross monthly income.
Frequently Asked Questions About Mortgage Calculators
Can’t find the answer you’re looking for? Reach out to one of our qualified loan offcers team.
There are supplementary costs to remember when projecting your mortgage bills, These include HOA fees, property taxes, homeowners insurance, or mortgage insurance. Some of these expenses you will have to cover are monthly and some are yearly but it’s best to keep them in mind when calculating your overall mortgage bill.
There are supplementary costs to remember when projecting your mortgage bills, These include HOA fees, property taxes, homeowners insurance, or mortgage insurance. Some of these expenses you will have to cover are monthly and some are yearly but it’s best to keep them in mind when calculating your overall mortgage bill.